Bitcoin Price Forms A New Support Level Nearly 56K

Last updated: June 9, 2025, 12:12

Bitcoin Price Forms A New Support Level Nearly 56K

Whale wallet outflows suggest $56,000 is Bitcoin's

Bitcoin Could Correct To $56K If It Breaches This Support Level

Bitcoin Price Analysis: BTC Loses Momentum With Possible Price

Is Bitcoin (BTC) Headed For A Deeper Correction? $56K

Bitcoin Faces Sell-Off: Will $56K Hold Ahead of Options Expiry?

TA: Bitcoin Just Saw A Technical Correction, Why BTC Must Stay

The looming expiration date and

The market is currently probable to test the $56K support level. The RSI indicator has also dropped below the 50% level, indicating a slight bearishness in momentum.

The looming expiration date and Bitcoin’s price weakness have created a perfect storm for potential market turmoil. If Bitcoin fails to hold the $56,000 support level, a

Bitcoin formed a short-term top near $60,000 and started a downside correction. The price is now trading near the $57,000 support and the 100 hourly simple moving average. There is a key

The upcoming crypto options expiry

The upcoming crypto options expiry is threatening to add a significant amount of Bitcoin sell pressure that could take the price below another key support level. Over

Cryptocurrency analyst Ali Martinez has issued a warning about the critical $61,000 level for Bitcoin (CRYPTO: BTC). What Happened: Martinez to

Bitcoin sell pressure may break $56K support as options expiry